Minda Finance has informed that the Board of Directors of the Company at its meeting held on December 09, 2015, to decide/ take decision about proposed issuance of 125000, 3% Non-Cumulative Redeemable Preference Shares of Rs 400 each on a private placement basis, as approved earlier by the Board of Directors in their meeting held on November 06, 2015. The Board was appraised that Company had given the offer letter to Ziwani Barter on the basis of their interest, however, the said investor has later on expressed its unwillingness to invest in the Company in the said Non-Cumulative Redeemable Preference Shares. Further, the Company has decided in their meeting dated December 09, 2015 to cancel the proposal of issue of preference shares.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 955.05 |
| Shriram Finance | 1007.95 |
| Aditya Birla Capital | 363.05 |
| Chola Invest & Fin. | 1676.05 |
| Tata Capital | 321.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: